© 2003 international monetary fundcarol s. carson karsten von kleist raj kumar remigio echeverría...
TRANSCRIPT
© 2003 International Monetary Fund
Cataloging-in-Publication Data
External debt statistics: guide for compilers and users. — Washington, D.C. :International Monetary Fund, 2003.
p. cm.
Includes bibliographical references.ISBN 1-58906-301-5
1. Debts, External — Statistics. 2. Debts, External — Statistical methods. I. International Monetary Fund.HJ8011.E75 2003
: 60.00
International Monetary Fund, Publication Services700 19th Street, N.W., Washington, D.C. 20431, U.S.A.
(202) 623-7430 (202) [email protected]
http://www.imf.org
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Malcolm D. Knight
Donald C. McKinnon
Yves Franchet
Horst Köhler
Donald J. Johnston
Delphine d’Amarzit
Rubens Ricupero
James D. Wolfensohn
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Carol S. Carson
Karsten von Kleist
Raj Kumar
Remigio Echeverría
Jean Galand
Reimund Mink
Eduardo Barredo-Capelot
Neil Patterson
Roger Pownall
Robert Heath
John Motala
Christian Mulder
Eduardo Valdivia-Velarde
Brian Hammond
Deborah Guz
Jane Saint-Sernin
Jérôme Walter
Enrique Cosio-Pascal
Punam Chuhan
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Robert Heath
Neil Patterson
Roger Pownall
Jean Kertudo
) Dev Useree Andrew Kitili Jose Maurel
Silvia von Ledebur Marco Committeri Richard Harmsen
Damoni Kitabire René Piché Sukhwinder Singh Beatrice Timmermann
Steve Cutts Pal Borresen
Paul Beckerman Misha V Belkindas Anthony Richard Howe Bottrill Hana
Polackova Brixi Nevin Fahmy Sundarshan Gooptu Frederick Henry Jensen
Marie-Helene Le Manchec Deepak K. Mishra Gloria R. Moreno
Eduardo Valdivia-Velarde
Elva Harris
Marlene Pollard James
McEuen
Carol S. Carson
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ADB
AfDB
BIS
BOP
BOPSY
BPM5
CBDMS
CIRR
CMFB
CPIS
CRS
CS-DRMS
DAC
DMFAS ( )
DOD
DRS ( )
DSM Plus + ( )
ECB
ESA95 1995
EU
GDDS
GDP
GNF
Grey Book
1988
HIPC Initiative
IADB
IBRD
IBS ( )
IDA
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IFMS
IFS
IIP
IMF
ISIN
LIBOR
MEFMI
MOF
NIF
NNA
NPISH
ODA
OECD
OTC
Repo
RUF
SDDS
SDR ( )
1993 SNA
SPE
TFFS
UNCTAD
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( )t= ∑n
t=1–––––––––
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Laliberté Tremblay
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2001 2002 2003 2004 2005 2006
9.09 (9.54)* 10/(1+0.1)8.26 (8.66) 10/(1+0.1)2
7.52 (7.89) 10/(1+0.1)3
6.83 (7.16) 10/(1+0.1)4
6.21 (6.51) 10/(1+0.1)5_______ ________ _________ _________ __________ __________ ___________
37.91 (39.76) 10/(1+0.1) 10/(1+0.1)2 10/(1+0.1)3 10/(1+0.1)4 10/(1+0.1)5
+62.09 (65.12) 100/(1+0.1)5_______ ________=100.00 (104.88)
*(9.54) =
18
7.27 (7.62)* 8/(1+0.1)6.61 (6.93) 8/(1+0.1)2
6.01 (6.30) 8/(1+0.1)3
5.46 (5.73) 8/(1+0.1)4
4.97 (5.21) 8/(1+0.1)5______ ______ ________ ________ _________ _________ ___________30.31 (31.79) 8/(1+0.1) 8/(1+0.1)2 8/(1+0.1)3 8/(1+0.1)4 8/(1+0.1)5
+62.09 (65.12) 100/(1+0.1)5______ ______=92.40 (96.91)
*(7.62) =
19
2001 2002 2003 2004 2005 2006
100/(1 + 0.1) 62.09 (1 + 0.1) 62.09 (1 + 0.1)2 62.09 (1 + 0.1)3 62.09 (1 + 0.1)4 62.09 (1 + 0.1)5
= 62.09 = 68.30 = 75.13 = 82.64 = 90.90 = 100
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O E C DBenchmark Definition of Foreign Direct Investment, Third Edition(OECD 1996)
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__________________ __________________
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________________________________________________________________1 1,2 1
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(1) (2) (3) = (1) – (2)
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(1) (2) (3) = (1) – (2)
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(+)(1) (2) (3) (4)
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(+)(1) (2) (3) (4)
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External Debt Statistics Guide
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xt xt xtK̂t = Kt–1(–––) + Ft(––) + At(––), (12.1)xt–1 x–t xa
K̂t =
Kt–1 =
Ft =
xt =
xt–1 =
x–t =
At =
xa =
14 14(1,000 –– = 1,400) + (150 –– = 175)10 12
= 1,575
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x–t p–t x–t p–tF̂t = Kt (–– ––) – Kt–1(––– –––), (12.2)xt pt xt–1 pt–1
F̂t =
pt =
p–t =
xt pt xt pt xt ptK̂t = Kt–1(––– –––) + Ft (–– ––) + At (–– ––), (12.3)xt–1 pt–1 x–t p–t xa pa
pa =
14 1.045 [1,000 –– –––––) = 1,330]10 1.1
14 1.045 + [150 (–– –––––) = 171.5]12 1.066
= 1,501.5
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xt pt xt ptADJt = Kt–1(––– ––– – 1) + Ft (–– –– – 1)xt–1 pt–1 x–t p–t
xt pt+ At (–– –– – 1) (12.4)xa pa
pt pt ptADJtprice
= Kt–1(––– –1) + Ft (–– – 1) + At (–– – 1) (12.4a)pt–1 p–t pa
xt xt xtADJtxrate
= Kt–1(––– –1) + Ft (–– –1) + At (–– – 1), (12.4b)xt–1 x–t xa
ADJt =
ADJtprice
=
ADJtxrate
=
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15,901
18,684_______((1) – (2)) –2,783
15,90118,684______–2,783
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1,900721500______
((4) + (5) + (6)) 3,121
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15,850 3,911 11,93923,491 9,347 14,1442______ ______ ______
((1)–(2)) –7,641 –5,436 –2,205
3
3,343 2,454 889823 253 637
1,900 1,900 0721 84 570500 100 400______ ______ ______
7,287 4,791 2,496
–354 –645 291
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_____________________________________________________________1991 1992 1995 1996 1997 1998 1999 2000P1
(1) 75.3 78.2 94.7 88.7 86.7 88.5 93.3 94.4(2) 8.5 7.1 4.3 5.0 6.7 5.0 4.4 4.0(3) 83.8 85.3 99.0 93.7 93.5 93.5 97.7 98.4
(4) 30.4 41.0 30.9 27.1 24.7 24.4 23.5 22.0(5) 35.3 30.2 25.9 26.2 23.0 19.5 19.0 16.0(6) 10.2 8.3 4.3 5.4 7.2 5.4 4.5 4.1(7) 382.1 125.6 20.5 29.5 30.1 19.4 14.9 10.6
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__________________________________________________ ____________1994 1995 1996 1997 1998 19991 19991
(1) 55.9 59.5 53.1 49.1 46.5 46.1 46.9(2) 36.8 39.5 40.7 44.4 47.0 51.5 52.1(3) (a) + (b) + (c)2 12.2 12.3 10.2 8.2 7.3 7.1 7.5
(a) 3.3 3.3 2.7 2.3 2.3 2.4 2.6(b) 8.6 8.7 7.1 5.6 4.6 4.3 4.6(c) 0.3 0.4 0.4 0.4 0.3 0.3 0.3
(4) (1) + (2) 92.7 99.0 93.7 93.5 93.5 97.7 99.0(5) (1) + (3) 68.1 71.8 63.2 57.3 53.8 53.2 54.4
(6)(5)/(4) 73.5 72.5 67.4 61.3 57.5 54.5 55.0
(7) (3)/(2) 33.1 31.2 25.0 18.5 15.5 13.7 14.4
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______________________________________________________1991 1993 1995 1997 1999 2000
FCNR(A)1 10,103 10,617 7,051 2,306 0 0FCNR(B)2 0 0 3,063 7,496 8,323 9,069FC(B&O)D3 265 1,037 0 0 0 0FCON4 0 0 10 4 0 0NR(E)RA5 3,618 2,740 4,556 4,983 6,220 6,992NR(NR)RD6 0 621 2,486 5,604 6,758 7,037NR(S)RA7 0 0 0 0 0 0
13,986 15,015 17,166 20,393 21,301 23,098
3,618 3361 7,042 10,587 12,978 14,029(25.9) (22.4) (41.0) (51.9) (60.9) (60.7)
10,368 11654 10,124 9,806 8,323 9,069(74.1) (77.6) (59.0) (48.1) (39.1) (39.3)
8 83,801 90,023 99,008 93,470 97,666 98,43575,257 83,683 94,739 86,744 93,279 94,3928,544 6,340 4,269 6,726 4,387 4,043
9 16.7% 16.0% 14.8% 15.8% 14.9% 16.3%9 13.6% 13.2% 13.1% 12.7% 12.6% 15.4%
43.8% 53.3% 53.4% 56.1% 50.1% 36.6%
73.2% 76.7% 84.5% 74.5% 84.9% 90.8%26.8% 23.3% 15.5% 25.5% 15.1% 9.2%
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2000 20001990 1991 1992 1993 1994 1995 1996 1997 1998 1999 3 6
29,955 31,392 32,089 35,535 38,723 39,367 41,875 45,433 47,817 52,210 52,415 52,164 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______24,458 25,552 25,666 29,718 30,883 30,116 27,385 26,958 30,310 34,800 35,441 34,932 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______6,202 5,937 3,261 2,777 3,163 3,452 3,252 4,686 5,805 5,746 5,602 5,654
18,256 19,614 22,406 26,941 27,721 26,664 24,132 22,271 24,506 29,054 29,839 29,278 2 5,497 5,840 6,423 5,817 7,839 9,251 14,490 18,475 17,507 17,410 16,973 17,232 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______
1,711 1,802 1,448 521 980 2,000 5,379 5,978 5,410 4,159 3,897 3,680 996 1,055 603 422 376 259 348 609 494 423 383 394 715 747 845 99 604 1,741 5,031 5,369 4,916 3,735 3,514 3,286
3,786 4,038 4,975 5,296 6,859 7,251 9,112 12,497 12,096 13,251 13,076 13,552
29,955 31,392 32,089 35,535 38,723 39,367 41,875 45,433 47,817 52,210 52,415 52,164 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______4,376 4,827 5,256 5,035 5,197 5,279 7,207 8,439 7,185 5,745 6,009 5,932
25,579 26,565 26,833 30,500 33,526 34,088 34,668 36,994 40,632 46,465 46,406 46,232
29,955 31,392 32,089 35,535 38,723 39,367 41,875 45,433 47,817 52,210 52,415 52,164 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______7,411 7,935 8,323 9,202 9,859 9,617 8,634 8,638 10,058 10,245 9,934 9,864 8,547 9,572 11,328 13,369 15,033 14,393 13,439 13,307 14,926 16,429 16,116 15,983
10,815 10,227 5,692 5,177 5,530 6,345 8,373 10,176 9,672 10,340 10,206 10,284 / 865 851 3,754 4,567 4,727 6,206 8,725 10,633 11,209 12,951 13,865 13,396
/ 2,312 2,802 2,963 3,213 3,549 2,587 2,588 2,359 1,562 1,690 1,697 1,882 5 5 29 7 25 219 116 320 390 555 598 755
29,955 31,392 32,089 35,535 38,723 39,367 41,875 45,433 47,817 52,210 52,415 52,164 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______8,627 9,546 9,210 11,112 12,682 12,169 11,109 10,293 11,887 14,205 14,184 14,031 5,808 5,552 7,156 7,064 3,812 3,771 4,190 4,569 4,566 5,314 4,704 4,993 1,141 1,108 641 1,297 363 611 511 445 399 438 537 481 1,447 1,085 850 725 712 961 1,579 1,899 1,743 1,621 1,433 1,287
620 693 700 742 885 967 1,298 1,635 2,122 2,435 2,620 3,109 4,036 4,622 1,455 826 5,682 5,065 5,829 7,321 5,832 5,001 5,138 5,003 7,411 7,935 8,323 9,202 9,859 9,617 8,634 8,638 10,058 10,245 9,934 9,864
/ 865 851 3,754 4,567 4,727 6,206 8,725 10,633 11,209 12,951 13,865 13,396
29,955 31,392 32,089 35,535 38,723 39,367 41,875 45,433 47,817 52,210 52,415 52,164 _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______ _______13,016 12,931 13,471 14,247 14,953 16,573 21,660 25,946 25,600 27,381 28,206 28,069 5,888 6,164 6,264 6,931 7,529 7,543 6,718 5,965 6,333 5,939 5,647 5,547 7,193 8,273 8,530 10,605 12,263 11,635 10,600 10,260 11,878 14,480 14,392 14,340 1,258 1,554 1,683 1,910 1,824 1,576 1,192 1,680 2,425 2,700 2,654 2,644 2,600 2,470 2,141 1,843 2,154 2,039 1,706 1,582 1,581 1,710 1,515 1,563
1994 1995 1996 1997 1998 1999
(1) / 519 861 2,694 3,074 3,060 2,906 2,473 2,369 100 455 562 925 1,404 1,331 1,337 1,316
(3) 396 1,296 1,228 1,597 1,586 1,574
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2,927.9 81.9
592.4 16.6259.0 7.2110.1 3.1148.9 4.2333.5 9.3
53.8 1.5
3,574.0 100